St. Jude Medical Earnings: Everything You Must Know Now

St. Jude Medical Inc. (NYSE:STJ) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

St. Jude Medical Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 9.09% to $0.96 in the quarter versus EPS of $0.88 in the year-earlier quarter.

Revenue: Decreased 0.5% to $1.4 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: St. Jude Medical Inc. reported adjusted EPS income of $0.96 per share. By that measure, the company beat the mean analyst estimate of $0.94. It beat the average revenue estimate of $1.36 billion.

Key Stats (on next page)…

Revenue increased 4.86% from $1.34 billion in the previous quarter. EPS increased 4.35% from $0.92 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.88 and has not changed. For the current year, the average estimate is a profit of $3.69, which is the same with that ninety days ago.